UEFA wants to change the Financial Fair Play for an NBA system

According to The Times, a new model will be proposed at the September UEFA convention with salary limits and luxury taxes for those who exceed it.

UEFA-wants-to-change-the-Financial-Fair-Play-for-an-NBA-system

Football may be facing one of its most significant changes in years. According to The Times, UEFA is considering replacing the controversial Financial Fair Play system with a new method similar to that used by North American competitions such as the NFL and the NBA: salary caps and luxury rates. This would occur from 2022 and would not come into play in the current season, as long as it is approved. This proposal will be presented at the next UEFA convention in Switzerland, to be held next September. In it, there will be club leaders and player representatives and everyone will have their vote for a measure that could revolutionize football.

At the moment, The Times advances a series of nuances that this new system would introduce. In it, the clubs would limit themselves to committing a maximum of 70% of their annual income to salaries. Should they be beaten for whatever reason, they would not be expelled from the competition, but would instead be forced to pay a luxury tax, which would go into UEFA funds. The European body would use this surplus for distribution among the rest of the clubs, thus strengthening its possibilities and equalizing the average level. Aleksander Ceferin is passionate about North American systems and has been thinking about how to introduce it to the European continent for a long time.

Until now, the prevailing control mechanism in European competitions is the well-known Financial Fair Play. This, in short, is based on the fact that in a period of three years, the clubs balance expenses and losses, something that has caused anger among the clubs and doubts about its effectiveness. What's more, The Times points out that people close to the development of the idea believe that the luxury tax system is "much more transparent" than current regulations. Of course, for its implementation it will first need to go through the approval of everyone at the convention, although UEFA has already achieved drastic changes months ago such as the elimination of the double value of goals in the opposite field.The NBA system

The Times does not give more details of a proposal that may be in its initiation phase or not be filtered by the European body. But the existence of a similar system, for example, in the NBA, facilitates equality between the franchises. In the best basketball league in the world, teams can pay their players up to a certain amount, although this does not depend on income, but is the same for everyone. In addition, they cannot exceed this figure, except for a few exceptions that they study carefully. Thus, it is natural that the majority exceed the established limits and have to face paying fees that compromise their project if they are not a winner from the first moment of the season.

It is unknown if UEFA will allow exceeding the limits with the sole penalty of the luxury tax or if, on the contrary, it will not facilitate the approval of player contracts unless different exceptions are met such as renewals, previously agreed transfers or other variants that would have to be reflected at the time of their agreement. Be that as it may, the Financial Fair Play could have its days numbered, a system that arrived to make football more fair 11 years ago and that, along the way, has left an important line of controversy.

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